Income taxes are low in Macau

January 11, 2019

INDIVIDUAL TAXATION

Macau taxes and costs

Nonresidents are taxed only on their income from sources in Macau. Married couples are taxed separately on professional income.

RENTAL INCOME
Income from property is taxed separately from other income.

Property Tax

Property tax is levied on real property (buildings) situated in Macau. The property owner is liable to pay for this tax.

For leased property, the tax is levied at 10% on the net rental income. A standard deduction of 10% is granted to cover repairs and maintenance, and certain property-related expenses. A standard annual deduction of MOP3,500 (US$438) is allowed for all properties.

CAPITAL GAINS

Complementary Tax

Capital gains are subject to complementary tax, which is levied at progressive rates.

COMPLEMENTARY TAX 2018

TAX BASE, MOP (US$)
TAX RATE
Up to 600,000 (US$75,000)
0%
Over 600,000 (US$75,000)
12%

PROPERTY TAX


Land Tax

Leasehold land is subject to land tax. The calculation of the tax payable depends on the location and type of land.

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